The price controlling mechanism has failed to rein in the skyrocketing prices of consumer items in the retail market as the price of onion reached Rs320 per kg in federal capital of Pakistan, VOS News reported on Friday.
According to data issued by Pakistan Bureau of Statistics (PBS), the price of the good quality onion has seen a surge in the domestic markets as retailers blame massive exports for the price spiral.
Onion is being sold at Rs320 per kg at the retail level in Islamabad. Meanwhile, the most sought-after commodity compared to other vegetables was available at Rs310 per kg in Rawalpindi, Rs280 in Peshawar and Rs270 in Sialkot.
Furthermore, the PBS reported, the onion is being sold at Rs240 per kg in Karachi, Lahore and Gujranwala, Rs220 in Faisalabad, Sargodha, Multan and Bahawalpur. However, the vegetable was available at Rs200 per kg in Hyderabad and Bannu.
